Majid Jafar, chief executive officer at Crescent Petroleum, discusses the impact of prices and costs on the oil industry, oil consumption and demand, and what he sees for the future of the industry. He speaks on "Bloomberg Surveillance."
Speaking at the OPEC meeting in Vienna, Austria, Majid Jafar, CEO of the United Arab Emirates-based oil and natural gas producer, said it was clear that too much industry cash was going out in dividends when firms need to be building more infrastructure.
Majid Jafar CEO of Crescent Petroleum, and Board Managing Director of Dana Gas.
Private sector can be an important partner in meeting $320 billion in oil and gas investment in coming years, Majid Jafar tells OPEC ministers and industry leaders.
Iraq managed to award 6 out of 11 exploration block and gas field in its fifth bid round, despite the rushed organisation which kept big players such as Exxon Mobil, Total and Lukoil away despite showing earlier interest.
Sharjah24: Friends of Cancer patients (FOCP), UAE based non-profit organisation, is raising awareness on the early detection of paediatric cancers through its Ana-vation School Championship at the Sharjah Children’s Reading Festival
The GSA was signed on 30th January 2018 by the KRG Minister of Natural Resources Dr. Ashti Hawrami, CEO of Crescent Petroleum Mr. Majid Jafar and CEO of Dana Gas Dr. Patrick Allman-Ward, to enable an increase in delivered gas production from the Khor Mor Field by an anticipated 80 million cubic feet of sales gas per day before the end of 2018
10-year Gas Sales Agreement Signed between Pearl Petroleum and KRG Pearl Petroleum, the company consortium led by Crescent Petroleum and Dana Gas of the UAE, has signed a 10 year Gas Sales Agreement (GSA) with the Kurdistan Regional Government (KRG) to supply and sell the additional quantities of gas that it plans to begin producing [...]
Sharjah’s expanding energy mix and the role earmarked for private sector players in driving the sector forward were among the issues explored by Majid Jafar, CEO of Crescent Petroleum, in an interview he gave recently to the global research and consultancy firm Oxford Business Group (OBG).
Crescent Petroleum plans to raise its natural gas output in northern Iraq by 80 million cubic feet per day by October.
